Vocational Education and Training (VET) Student Loans are an Australian Government loan scheme for the Vocational Education and Training sector that is part of the VET Student Loans (VSL) Program.

Students studying certain Diplomas and Advanced Diplomas who elect not to pay their tuition fees upfront may be eligible to apply for a VET Student Loan to defer the cost of their Tuition Contribution. Courses will be subject to maximum loan caps and students will be required to pay any fee over and above that cap.

For a full list of VET Student Loan eligible courses, visit the Department of Education and Training website. Each VET Student Loan eligible course has an associated capped amount. Eligible students are only entitled to loans up to the specified capped amount of each VETSL Student Loan-eligible course.

A VET Student Loan is repaid through the tax system once a person reaches the minimum income threshold level of repayment. The VET Student Loan remains a personal debt obligation until it is repaid to the Commonwealth and may affect (by reducing) a person’s take-home (after tax) wage or salary until the debt is repaid. It may also affect the borrowing capacity of the person until the debt is repaid to the Commonwealth.

VET Student Loans cannot be used to pay general service fees, consumable fees or bookshop fees associated with your course. You will need to make payment of these fees directly to us.